Stocks - NN GROUP NV - macro viewHere's a quick macro view of the stock from Dutch insurer NN using Ichimoku cloud indicator. Indicated are the zones/levels of interest where we can be looking to invest long term. Note: this is my view and not financial advise. Longby FR_Ambrosius334
Nationale Nederlanden NN Long R/R 1/2.5Here we see a nice support zone, hit 3x times and we had a nice positive candlestick 2 days ago. Very nice risk to reward if it goes in our favour.Longby BetguardianUpdated 111
NN: Biggest daily H&S ever and €250 million new share buyback.After posting a more than 14% drop in 2022 operating profit (1.74bn), missing market estimates of 1.84 bn, and even though its operating capital generation (OCG) jumped 8% to 1.71 billion euros last year mainly thanks to higher interest rates and a strong business performance of the Netherlands Life and Insurance Europe segments; the company is shaping the biggest H&S pattern I have ever witnessed in a stock. Besides, NN also announced a new share buyback programme of 250 million euros. Will they implode due to share buybacks that will materialise into negative returns in the near future? At this pace, all those companies doing share buybacks will be the most damnified of the market due to an increased own capital at the wrong time. And it is a pity because this company has really attractive fundamentals, but after the operating profit miss in 2022 and the imminent recession all media is talking about, it is currently very risky to invest in it. But I will keep it in the radar as 35.6€ is the first support while 45€ is the first resistance.Shortby alexinveUpdated 3
NN Group N.V. (NN.as) bullish scenario:The technical figure Falling Wedge can be found in the daily chart in the Dutch company NN Group N.V. (NN.as). NN Group N.V. is the parent company of NN Investment Partners and Nationale-Nederlanden. Nationale-Nederlanden is one of the largest insurance and asset management companies in the Netherlands. The Falling Wedge broke through the resistance line on 05/10/2022. If the price holds above this level, you can have a possible bullish price movement with a forecast for the next 13 days towards 44.35 EUR. Your stop-loss order, according to experts, should be placed at 38.73 EUR if you decide to enter this position. NN Group NV expects to accelerate its deadline to exit coal investments, now set at 2030, due to fears about Europe reverting to burning the fossil fuel, the Dutch insurer's CEO David Knibbe said on the sidelines of the World Economic Forum. Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.by legacyFXofficial0
NN looks ready for another dropNN look ready for another drop after closing with a high volume dump. The RSI and MACD have not bottomed out yet and it will test support levels which will fail after it failed to hold 200MA. Shortby VOC-Handelaar0
NN short based on time and harmonic priceSince time and price allign with a cycle time of 144 = 9 (a new wave has started) I aim at taking profit in 29.00 - 28.50 euro range This trade has been made with a booster short with swift profits coming in in the first two hours of trading. Best to your trading!by BBtrade6180